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Kenya’s economy slowing down

A protracted political period in Kenya is slowing down the country’s economy and experts are now projecting less than 5% economic growth this year. The Kenya Private Sector Alliance, a lobby group for the country’s private investors has warned that uncertainty ahead of fresh presidential elections this month has forced business people to hold onto investment decisions. Meanwhile, the country’s opposition supporters are gearing up for a showdown with police on Friday after the government banned demonstrations in the central business districts of Nairobi, Western town of Kisumu and the coastal town of Mombasa.

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